Auto Warranty Companies Fight For Your Business

extended auto warranty - The world of auto warranty companies is actually a fiercely competitive one. You can find a limited quantity of cars on the road - granted, there are millions of them, and all of them, at one point or still, has or experienced a warranty - though with the great number of companies fighting for your business of these drivers, it means that each and every car owner is definitely the target of some very hungry sales reps.

This can be quite a daunting position to stay in to get a car owner. If you are purchasing a new car from a dealership, or buying a used car, you will see people trying to sell you their warranty services.

In the dealership, you might run into a pushy sales person who can try everything they can to get you to sign on for an extended warranty once you help make your initial purchase. There are advantages to buying during that time, including getting the costs in the warranty rolled up into the financing for that car, and understanding that your dealership will continue being the area to have any repairs or replacements done. But these comforts might end up costing you hundreds or 1000s of dollars in the long run. Sales agents make large commissions on warranties, so they're eager to obtain to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, rather than adding a small number to your monthly car payment bills. But it would likely save you money.

But just as not every car sales person is out to rip you off, not all third-party providers are great guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as being a client, so use that to your benefit. Compare prices, examine all of the regards to the warranties offered, and tell the firms you talk to “hey, cause me to the best offer.” If they can't, someone else will.